What makes point of sale systems different from revenue cycles of manufacturing firms?What makes point-of-sale systems different from revenue cycles of manufacturing firms? In point-of-sale systems, the customer literally has possession of the items purchased, thus the inventory is in hand.
What document triggers the start of the sales order processing system?A written customer purchase order is required to trigger the sales order system. The principal source document in the sales order system is the sales order. Sales orders should be prenumbered documents.
Which function should verify that the goods sent from the warehouse are correct in type and quantity?'Goods receiving' is the function of checking items delivered to the business, either coming in as new stock or as supplies. This includes inspecting the quality, condition, and quantity of any incoming goods, and allocating them to a space in the warehouse.
What task can the AR department engage in to verify that all customers checks have been appropriately deposited and recorded?What task can the accounts receivable department engage in to verify that all checks sent by the customers have been appropriately deposited and recorded? Response: The company should periodically, perhaps monthly, send an account summary to each customer listing invoices and amounts paid by check number and date.
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